Scirocco Energy
London South East Webinar
September 2021
Disclaimer
The information contained in this document ("Presentation") has been prepared by Scirocco Energy plc (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. This Presentation has not been approved by an authorised person in accordance with Section 21 of the Financial Services and Markets Act 2000 ("FSMA").
This Presentation may contain forward-looking statements that involve substantial risks and uncertainties, and actual results and developments may differ materially from those expressed or implied by these statements. These forward-looking statements are statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, the Company's results of operations, financial condition, prospects, growth, strategies and the industry in which the Company operates. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These forward-looking statements speak only as of the date of this Presentation and the Company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date of this Presentation.
This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. In particular, this Presentation does not constitute an offer or invitation to subscribe for or purchase any securities and neither this Presentation nor anything contained herein shall form the basis of any contract or commitment whatsoever.
1
Scirocco Energy overview
An energy company in transition
Monetise legacy assets for reinvestment in renewable energy sector
Where we were
Investments in diverse portfolio of natural resource assets
Typically, early stage with high potential reward but high risk
Uncertain timelines and associated funding requirement
3 to 5 | Manage legacy |
year | assets for |
value, exits for | |
vision | shareholders |
Where we are
Made first investment in the renewable sector funded by sale proceeds of Helium One position
Ruvuma licence extended and operational plan clearly established
Process to monetise legacy assets continues with timeline closely linked to operational plan
New investments in target classes using both equity and asset backed leverage
Where we are going
A diverse portfolio of cash generative assets within the sustainable energy and circular economy sector
Deliver return through dividend and capital growth
£150 million EV invested asset base Cash flow c. £20M p.a.
3
Creating an energy-oriented company underpinned by cash flow
Scirocco will acquire cash generative assets within each of the three target areas to construct a portfolio capable of supporting attractive dividend yield and further growth through re-investment
Our strategy
Assemble a diverse portfolio of cash-generative assets, creating a self-funding platform
Execution
Leverage significant industry expertise and relationships to identify, acquire and maximise value from target M&A opportunities
Our vision
Grow Scirocco into the premier transition energy focused AIM vehicle through acquiring a portfolio of transition energy assets
Recycle
cash flow
TARGET ASSET CLASSES
ENERGY | CIRCULAR | VECTOR |
Assets where the | Assets involved in | Assets involved in |
primary function | the recovery of | the storage, |
is the generation | valuable | transmission and |
of energy from | coproducts from | delivery of energy |
renewable or | waste streams | within low carbon |
sustainable sources | systems |
4
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Scirocco Energy plc published this content on 21 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2021 18:21:07 UTC.